LocationSmart

LocationSmart

Pioneering cloud-based location services for compliance and asset management in connected devices worldwide.

Founded 1995 Venture round Total: $9.04M Cloud Infrastructure, Enterprise Software +4

LocationSmart is a pioneering company in Carlsbad, CA, that offers cloud-based location services for compliant and efficient asset management in connected devices globally. Founded in 1995 by Masoud Motamedi and Mario Proietti, the company serves a diverse clientele ranging from startups to Fortune 500 enterprises, with operations worldwide. The company specializes in providing geolocation compliance for various sectors, including iGaming, such as Daily Fantasy Sports, Lottery Courier, Online Poker, and Online Casino. Their extensive, cloud-based platform supports location services for all types of connected devices, platforms, and networks. With a client base that includes major multinational corporations and Fortune 500 firms, LocationSmart expertise spans across transportation, roadside services, proximity marketing, financial transaction verification, and contact centers. Originally established as TechnoCom Corporation, LocationSmart has a history of continuous innovation. Recognized by Deloitte as one of the top 50 fastest-growing tech companies in Los Angeles for four consecutive years, TechnoCom evolved into LocationSmart in 2010. Today, LocationSmart has the largest American footprint for location-based services and has developed methods to streamline user privacy consent. In 2021, Corporate Vision Magazine ranked LocationSmart as the premier provider of cloud-based location services globally, with coverage spanning 15 billion devices. LocationSmart offers a robust, cloud-based platform designed to enhance business intelligence, operational efficiency, and cost management. The location-as-a-service platform improves customer engagement and security by enabling location determination via IP address, cell or Wi-Fi ID, web browser, and mobile app SDK. Businesses can leverage LocationSmart’s device profile and messaging services for geo-enabled SMS, in-app messaging, and real-time device verification, assisting in identifying returning customers and preventing cybercrime through risk scoring and behavioral analytics. Additionally, geofencing and privacy features enable businesses to create geo-relevant campaigns and ensure user privacy with consent controls and reminders. Featuring advanced reporting and top-tier security, LocationSmart provides comprehensive solutions for contemporary businesses and tech firms. In October 2015, LocationSmart secured a significant $2.29M Venture Round investment from Intersouth Partners, H.I.G. Capital, and the Florida Growth Fund.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	$2.29M	3	Intersouth Partners, H.I.G. Capital +1	06 Oct 2015
Venture Round	$6.75M	4	Third Point Ventures, iSherpa Capital +2	31 Mar 2004

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$2.29M

Intersouth Partners, H.I.G. Capital +1

06 Oct 2015

Venture Round

$6.75M

Third Point Ventures, iSherpa Capital +2

31 Mar 2004

FAQ About LocationSmart

Pioneering cloud-based location services for compliance and asset management in connected devices worldwide.

LocationSmart was founded in 1995.

LocationSmart operates in Cloud Infrastructure, Enterprise Software, IT, Logistics, Mobile and SaaS. Its work centres on Cloud Location Services, Geolocation Compliance, IoT Asset Management and Fortune 500 Companies.

LocationSmart has completed 2 funding rounds, raising a total of $9.04M. The latest funding stage is Venture round.

Top alternatives and competitors to LocationSmart include 7SIGNAL, AeroScout, Bridgeline, LOC Technologies, Inc., ThingTech. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

LocationSmart and 7SIGNAL are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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